# PPP loan: PHIL - CO INDUSTRIAL PAINTING INC
> **$266K** approved 01/22/2021 · Paid in Full · Loan `3948958307`
## Borrower
- **Name:** PHIL - CO INDUSTRIAL PAINTING INC
- **Address:** 3080 County Road 409, Gainesville, TX, 76240-1708
- **NAICS:** 811121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 10/08/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $266K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*